Similar to other places in this area, it is significantly less expensive compared to the entire country. It's a lot less expensive compared to the city of Tallahassee.
Home prices
The value of the median home in Albany is $99,800. Compared to other places in this area this is is very similar.It is roughly $117,700 (54%) lower compared to the country as a whole, and compared to the city of Tallahassee it is approximately $104,000 (51%) lower.
Rents
In Albany the median monthly rent is $738. Compared to other places in this area it is approximately $100 (11%) lower.It is about $324 (30%) lower compared to the nation as a whole, and compared to the city of Tallahassee it is approximately $285 (27%) lower.
Nearby places
Putney
Putney is about 8 miles southeast from Albany. Its housing prices are a little less expensive. The median home price in Putney is $90,200, which comes out to $9,600 (10%) lower than Albany. Rents there are a little more expensive. The median monthly rent in Putney is $844, which comes out to $106 (12%) higher than Albany.
Leesburg
Leesburg is about 11 miles north of Albany. Real estate prices there are a bit more expensive. The median home in Leesburg is valued at $116,900, which comes out to $17,100 (14%) higher than Albany. Its rents are a little more expensive. Leesburg's median monthly rent is $997, which is $259 (25%) higher than Albany.
Sasser
Sasser is approximately 13 miles northwest of Albany. Real estate prices there are a little more expensive. The median home in Sasser costs $112,500, which is $12,700 (11%) higher than Albany. Its rents are a bit more expensive. Sasser's median monthly rent is $920, which works out to $182 (19%) higher than Albany.
Baconton
Baconton is approximately 14 miles south of Albany. Real estate prices there are a lot less expensive. The median home in Baconton is valued at $71,700, which works out to $28,100 (39%) lower than Albany. Its rents are pretty similar. In Baconton the median rent is $743 per month, which is very similar to Albany.
Sylvester
Sylvester is about 18 miles east from Albany. The real estate prices there are somewhat more expensive. The median home price in Sylvester is $106,400, which works out to $6,600 (6%) higher than Albany. The rent there is a little less expensive. In Sylvester the median monthly rent is $687, which is $51 (7%) lower than Albany.